SpaceX Crash CostJuly 11, 2017 – 08:48 am

SpaceX Crash Cost

The private space company wants to be able to recover and reuse not only the Dragon cargo ship used to carry supplies to the ISS, but also the Falcon 9 rocket used to send the cargo into orbit. It’s not hard to see why. It costs about $61 million to launch a Falcon 9, and early launches weren’t recoverable. The rockets were designed to splash down in the ocean, but couldn’t survive the heat of reentering Earth’s atmosphere. Since 2011, SpaceX has…

Does Elon Musk Own TeslaJuly 7, 2017 – 08:43 am

Does Elon Musk Own Tesla

Tesla Motors is one of the most extraordinary business success stories in recent decades, in part because it has accomplished what no other American company has accomplished in more than half a century: Become a viable new car company. Many successful companies arrive at success only after going through near-death experiences, and Tesla went through one in 2008. In 2008, with the global economy melting down, Tesla was behind in delivering its first…

Elon Musk Solar City StockJuly 1, 2017 – 08:24 am

Elon Musk Solar City Stock

By Originally published on . Elon Musk, already the chairman of rooftop solar installer SolarCity and its biggest shareholder, bought $5 million more of the company’s stock on Monday. Founder, chairman, and major shareholder — as well as the CEO of both Tesla and SpaceX — Elon Musk made use of Monday’s horrible stock market trends to pick up 123, 510 shares in SolarCity at $40.49 — a low that has not been surpassed since . This purchase, though impressive…

Tesla and SpaceX BlogsJune 26, 2017 – 08:12 am

Tesla and SpaceX Blogs

Matt Pressman Full disclosure: after reading this profile (referenced herein) a few years ago, I invested a somewhat significant amount into TSLA (Tesla Motors). Needless to say, I’m glad I did it. I decided to revisit it, and, share the “epiphany” that came about - strangely, it was the SpaceX story that convinced me (years back) that Elon Musk would have the “chops” to build Tesla into such a revolutionary car company. One of my all-time favorite…

Where is Elon Musk Right now?June 24, 2017 – 08:10 am

Where is Elon Musk Right now?

Musk (left) made the remarks in Nevada while announcing the state would be the site for Tesla s $5 billion battery factory. Gov. Brian Sandoval (left-background) says the move will bring Nevada some 6, 500 jobs Musk says investors should be in it for the long run. If you care about the long-term, Tesla, I think the stock is a good price,he told CNBC. If you look at the short term, it is less clear. Musk made the remarks to CNBC on Thursday as he…

SpaceX OCT 7 LaunchJune 11, 2017 – 07:36 am

SpaceX OCT 7 Launch

SpaceX s Falcon 9 rocket sits ready for a launch dress rehearsal at Florida s Cape Canaveral Air Force Station ahead of the Dragon space capsule s first contracted cargo run to the International Space Station. Credit: NASA A private space capsule s first contracted cargo mission to the International Space Station is slated to launch Oct. 7, NASA officials announced today (Sept. 20). SpaceX s robotic Dragon spacecraft is set to blast off atop the company…